§ 2515. Check cashing and currency exchange licenses required
(a) A person licensed under this subchapter may engage in check cashing and currency exchange.
(b) A person licensed under subchapter 2 of this chapter may engage in check cashing and currency exchange without first obtaining a separate license under this subchapter.
(c) An authorized delegate of a person licensed under subchapter 2 of this chapter may engage in check cashing and currency exchange without first obtaining a license under this subchapter if such money services are within the scope of activity permissible under the contract between the authorized delegate and the licensee. (Added 2001, No. 55, § 1, eff. Jan. 1, 2002.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
§ 2506. Application for license; additional information
§ 2511. Activities of money transmitters; receipts and refunds
§ 2515. Check cashing and currency exchange licenses required
§ 2516. Application for license; additional information
§ 2519. Activities of check cashers and currency exchanges
§ 2525. Relationship between licensee and authorized delegate
§ 2532a. Change of authorized delegates; change of location
§ 2535. Money laundering reports
§ 2540. Maintenance of permissible investments
§ 2541. Types of permissible investments
§ 2546. Termination or suspension of authorized delegate activity